What is OpenLocker Holdings 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-18), OpenLocker Holdings's 12-1 Month Momentum % is -39.39%.
The industry rank for OpenLocker Holdings's 12-1 Month Momentum % or its related term are showing as below:
OLKR's 12-1 Month Momentum % is ranked worse than 92.2% of 808
companies
in the Capital Markets industry
Industry Median: 12.25
vs OLKR: -39.39
Competitive Comparison of OpenLocker Holdings's 12-1 Month Momentum %
For the Capital Markets subindustry, OpenLocker Holdings's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OpenLocker Holdings's 12-1 Month Momentum % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, OpenLocker Holdings's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where OpenLocker Holdings's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
OpenLocker Holdings 12-1 Month Momentum % Related Terms
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OpenLocker Holdings (OpenLocker Holdings) Business Description
OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.
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